New businesses registered in Grenada
Grenada: New businesses registered was 217 number in 2020. ▲ Rising
New businesses registered in Grenada, 2006–2020
Source: Entrepreneurship Database, World Bank (WB). Measured in number.
Analysis
The most recent figure for new businesses registered in Grenada is 217 number, measured in 2020.
Compared with earlier readings it is down 15.6% on the previous year and up 47.6% over ten years.
Over the whole period, new businesses registered in Grenada peaked at 273 number in 2017 and was at its lowest, 120 number, in 2009.
That places Grenada 166th out of 177 countries with data for 2020, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 15 years of available data.
New businesses registered in Grenada, year by year
| Year | number | Change |
|---|---|---|
| 2006 | 201 number | — |
| 2007 | 207 number | +3.0% |
| 2008 | 186 number | -10.1% |
| 2009 | 120 number | -35.5% |
| 2010 | 147 number | +22.5% |
| 2011 | 136 number | -7.5% |
| 2012 | 123 number | -9.6% |
| 2013 | 164 number | +33.3% |
| 2014 | 175 number | +6.7% |
| 2015 | 228 number | +30.3% |
| 2016 | 228 number | +0.0% |
| 2017 | 273 number | +19.7% |
| 2018 | 247 number | -9.5% |
| 2019 | 257 number | +4.0% |
| 2020 | 217 number | -15.6% |
Grenada compared with similar countries
- Grenada's 217 number is below the median for upper middle income countries, which is 8,806 number, 2% of the median. (52 countries reporting)
- Grenada's 217 number is below the median for Latin America & Caribbean, which is 5,128 number, 4% of the median. (32 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 178.5 number | 120 number | 207 number | 4 |
| 2010s | 197.8 number | 123 number | 273 number | 10 |
| 2020s | 217 number | 217 number | 217 number | 1 |
Countries ranked near Grenada
More private sector data for Grenada
- Merchandise trade 48.4% (2025)
- Food imports 24.2% (2024)
- Manufactures imports 56.2% (2024)
- Merchandise imports 653.00 million current US$ (2025)
- Food exports 69.1% (2024)
- Manufactures exports 28.6% (2024)
- Merchandise exports 35.00 million current US$ (2025)
- Merchandise exports (current US$), per capita 298.37 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.0246 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate -18.6 % change on previous year (2025)
Frequently asked questions
- What is new businesses registered in Grenada?
- New businesses registered in Grenada was 217 number in 2020, according to Entrepreneurship Database, World Bank (WB).
- What is the highest new businesses registered recorded in Grenada?
- The highest recorded value was 273 number in 2017.
- What is the lowest new businesses registered recorded in Grenada?
- The lowest recorded value was 120 number in 2009.
- How does Grenada rank for new businesses registered?
- Grenada ranks 166th out of 177 countries with data for 2020.
- Is new businesses registered rising or falling in Grenada?
- Over the last ten years it is up 47.6%. The long-run trend across the full record is rising.
- Where does this Grenada data come from?
- The figures come from Entrepreneurship Database, World Bank (WB), published as part of New businesses registered (number). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 15 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
New businesses registered are the number of new limited liability corporations (or its equivalent) registered in the calendar year.